Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. 4) Best Forecasters do not Have the Best Inventory Results. This is one element of inventory.

Supply Chain: The True Game of Risk

Supply Chain Shaman

Companies are aggressive in the design of inventory buffers with active work through network design to build the right push-pull decoupling points, implementation of supplier monitoring and score carding, and the development of business continuity plans.

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Planning Software: Insights on User Satisfaction

Supply Chain Shaman

In Figure 1, I share an analysis of user satisfaction of demand, tactical supply, inventory and Sales and Operations Planning (S&OP) technologies using this technique. There are more outliers in the inventory and demand planning responses creating longer ‘whiskers.’

S&OP Effectiveness: Recommendations to Make the Leap

Supply Chain Shaman

It is a beautiful fall day in Philadelphia. While many consultants argue on the name–the debate rages with strong arguments of “Should it be Integrated Business Planning (IBP), Sales Inventory and Operations Planning (SIOP), or consensus planning?”–the

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How Do I Know If I Am Ready?

Supply Chain Shaman

The average client that has implemented demand sensing technologies has reduced inventory by 11%. Yes, it may decrease short-term sales, but in the longer-term it will increase customer service, reduce inventory and improve the execution of new product launch and trade promotions. I will be landing soon in Philadelphia. Demand demand planning demand sensing inventory management inventory reduction

The Journey for Excellence

Supply Chain Shaman

It is finally spring in Philadelphia. I am busy finalizing a report on the current state of the inventory optimization market, rewriting and updating a report on Sales and Operations technologies, and penning a new report on Supply Chain Centers of Excellence. (We

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

The combination of weather and the Democratic Convention in Philadelphia delayed all my flights for at least two hours on multiple days. On Sunday, I spent the day at the Barnes Foundation with an old friend Karen. I love art museums, and connections with old friends are great for the soul.

Congratulating the Supply Chains to Admire Winners

Supply Chain Shaman

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement.

Software Planning: Satisfaction is Like a Flip of a Coin

Supply Chain Shaman

Companies that are better at supply chain planning are better able to manage operating margins and inventory turns. The event is on September 4th-7th in Philadelphia, PA. This week, after ten years, I am test-driving cars. I have not owned a car for a decade.

How Can You Seize Opportunity If You Cannot Manage Risk?

Supply Chain Shaman

Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)). Global growth is slowing to levels of GDP.

Innovations that drive business decisions forward

DELMIA Quintiq

At Quintiq World Tour Philadelphia 2016, attendees were encouraged to think about the past, present and future of their businesses from a fresh perspective as they gained insights into the latest analytics and optimization technology. Did you attend Quintiq World Tour Philadelphia?

How Supply Chain Lost Its Mojo

Supply Chain Shaman

Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive. I hope that you can join us at the Supply Chain Insights Global Summit in Philadelphia on September 4th-7th, 2018. mo·jo: noun.

Key learnings from Supply Chain Insights’ Global Summit

AIMMS

It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.”

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The Fight of the Titans

Supply Chain Shaman

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017.

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. In this case, the metrics are operating margin and inventory turns. of revenue on IT are we improving inventories. Definitions: Provocateur.

Are You Feeding the Beast? Or Driving Progress in Your Business?

Supply Chain Shaman

2) Inventory is a Hot Potato that No One Wants, but Everyone Needs To Own… In the process of feeding the beast, inventory is a hot potato that no one wants, but everyone needs to own. The first challenge, is to define a job position and process for inventory management.

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Reduce Costs: Invest In Talent

Supply Chain Shaman

Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment.

Key learnings from Supply Chain Insights’ Global Summit

AIMMS

It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia. The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.”

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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. This was the inaugural supply chain event for the Consumer Healthcare Products Association. Checkout the presentation posted on slideshare. ).

Wanted: Supply Chain Architects!

Supply Chain Shaman

I knew nothing about the world of logistics, inventory management and order optimization. Companies need multi-tier Available to Promise (ATP) and real-time inventory management. In this evolution, cash, information, and inventory flows grow in importance.

New Bookends: The Tale of Supply Chain Global Leaders in Consumer Products

Supply Chain Shaman

These giants drove slight improvements in operating margin, inventory turns and Return on Invested Capital (ROIC) despite a slowing economy. In the past two years, while progress has slipped on inventory and cost to peer group, the Colgate team still posts the strongest performance.

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Driving Organizational Alignment

Supply Chain Shaman

When there is a common reporting strategy, progress in metrics performance at the intersection of operating margin and inventory turns is faster. for the public training in Philadelphia i n August and the Supply Chain Insights Global Summit in September.

Don’t Perpetuate the Hoax of the Gartner Top 25

Supply Chain Shaman

Inventory Turns (15%) (based on 2014 results). The foundation to drive meaningful improvement is reliability in driving results at the intersection of costs, inventory and customer service.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

I am writing this blog post in the air, sitting in seat 4c, somewhere over the Midwest en route to Philadelphia. It bundles Integrated Business Planning, a Supply Chain Control Tower, Inventory and Demand/Supply planning into a new cloud-based architecture based on HANA.

What Remains the Same?

Supply Chain Shaman

And, when companies are better at supply chain planning (which is largely determined by talent development) their supply chains are more resilient and better balanced between cost and inventory targets. It is Saturday. This was a tough travel week on the East Coast by any measure.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

I am writing this blog post in the air, sitting in seat 4c, somewhere over the Midwest en route to Philadelphia. It bundles Integrated Business Planning, a Supply Chain Control Tower, Inventory and Demand/Supply planning into a new cloud-based architecture based on HANA.

Navigating The End-to-End Journey

Supply Chain Shaman

I advocate a portfolio of growth, EBITDA or operating margin, inventory turns, on-time and in-full shipments, and Return on Invested Capital (ROIC). If you would like the opportunity to network with others on these topics, consider our public training in Philadelphia in June and August. __.

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

It was a sultry day in Philadelphia. Monthly design of the supply chain including form and function of inventory and inventory placement. Inventory. Focus on the level of inventory. Inventory is often focused on as a singular metric, not as part of a complex supply chain system. Focus on the form and function of inventory based on demand and supply variability and business plans. Last week, it felt like August not May.

Why Do We Forget to Define Supply Chain Excellence?

Supply Chain Insights

This past month I attended our Supply Chain Insights Bootcamp training led by Lora Cecere in Philadelphia and facilitated the first course of a Cross-Company Academy training, End-to-End Supply Chain Orchestration. For example, inventory turns are plotted with operating margin (see Figure 2).

5 Ways to Put AI to Work in Your Supply Chain

Bristlecone

At LogiPharma 2019 in Philadelphia, Deepak Ghodke, Vice President, Bristlecone Labs, spoke about how it is, therefore, not at all surprising that the increase in AI adoption has also extended to enterprises in recent years.

Do No Harm…

Supply Chain Shaman

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. On October 15th, I will be speaking on the Qunitiq World Tour in Philadelphia.

Good Safety is Good Business at the LogiChem 2015 Conference

CH Robinson Transportfolio

Last week’s 2015 LogiChem conference was held in Philadelphia, PA, the birthplace of the signing of our Declaration of Independence. I always come back from these conferences inspired and fascinated at how diligent chemical supply chain managers must be to mitigate risk and adverse events.

End of Quarter Adds 11% to Van Demand

DAT Solutions

Outbound rates edged up in Los Angeles, Dallas, Philadelphia and other major freight markets, however, as shippers rushed to move inventory before the quarter ended on Wednesday. TriHaul: Columbus - Philadelphia - Pittsburgh.

Open Letter to the Chief Financial Officer

Supply Chain Shaman

While companies want to improve costs and inventory, most are going backwards. While many consultants will wave their hands and promise improvements in costs and inventory through projects, take pause. Avoid Artificially Constraining Inventory Levels.

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

Inventory piles up and revenues gaps are closed by pushing product into the market. for the public training in Philadelphia i n August and the content for the Supply Chain Insights Global Summit in September. This week, I spoke at the Chicago CSCMP round table event.